Asian Markets Look Set to Fare Better as Bulls Wrestle Back Control

TODAY: Aug. 28, 2015 PUB DATE: Aug. 27, 2015

By Rebecca Howard WELLINGTON, New Zealand--Asian stocks look set to fare better Thursday after global markets showed signs of regaining their footing after an extended rout fueled by growth concerns. Gains on Wall Street broke a six-session losing streak fueled ...

Sanctions Bite Massive Gas Project in Russian Arctic

TODAY: Aug. 28, 2015 PUB DATE: Aug. 27, 2015

By James Marson And Selina Williams SABETTA, Russia--A $27 billion energy project is rising rapidly on this icy peninsula jutting above the Arctic Circle, but the race to shore up its finances has emerged as a test of Moscow's ability ...

ASIA MARKETS: China Leads Asian Markets Higher With Late Rally

TODAY: Aug. 28, 2015 PUB DATE: Aug. 27, 2015

By Rebecca Howard and Chao Deng Asian markets rebounded Thursday with the help of central bankers around the globe and encouraging signs from China, where volatility in stocks dropped off significantly from previous sessions. The Shanghai Composite Index ended up ...

New Zealand Changes Rate Decision Schedule

TODAY: Aug. 28, 2015 PUB DATE: Aug. 27, 2015

Wellington, New Zealand?New Zealand's central bank late Wednesday rejigged its schedule for rate decisions, stripping out one monetary policy decision a year as of mid-2016. The new schedule, which runs through to November 2017, means there will be seven rate ...

Subscribers: Correction to Emerging-Market Story Published in Error

TODAY: Aug. 28, 2015 PUB DATE: Aug. 27, 2015

Please disregard the item "Correction to Foreign Investors Flee Emerging-Market Bonds, Driving Up Borrowing Costs on Wednesday" published at 0312 GMT. That version of the article didn't contain the error. The latest version of the article with the correct information ...

Correction to Dollar Steady Against Yen Article

TODAY: Aug. 28, 2015 PUB DATE: Aug. 27, 2015

The euro was changing hands at Y135.69 late Wednesday. "Dollar Steady Against Yen as Risk Sentiment Improves," at 0518 GMT, incorrectly stated that the euro changed hands at Y135.69 late Tuesday, rather than late Wednesday, in the 12th paragraph. (END) ...

Global Markets Continue to Recover

TODAY: Aug. 28, 2015 PUB DATE: Aug. 27, 2015

By Josie Cox A recovery in global markets gained steam Thursday after concerns about slowing growth in China triggered a rout earlier this week. U.S. stocks rose sharply at the open, following gains in Europe and Asia, building on a ...

MSCI Ejects Hanergy From Indexes--Update

TODAY: Aug. 28, 2015 PUB DATE: Aug. 27, 2015

By Wayne Ma And Jacky Wong HONG KONG--Stock-index compiler MSCI Inc. ejected a troubled Hong Kong solar-power company from its indexes, enabling some of the world's biggest investment managers to dispose of hundreds of millions of dollars they have locked ...

Greece Closer to Formal Election Call -- Update

TODAY: Aug. 28, 2015 PUB DATE: Aug. 27, 2015

By Nektaria Stamouli ATHENS--Greece is set to officially begin its second election campaign period this year, after opposition parties, as expected, conceded they can't assemble a ruling majority in parliament to replace the outgoing government of Alexis Tsipras and his ...

Ukraine Secures Debt-Relief Deal

TODAY: Aug. 28, 2015 PUB DATE: Aug. 27, 2015

Ukraine's government secured a vital debt-relief deal, the country's finance ministry said Thursday, a key step toward unlocking billions of dollars in emergency financing after months of deadlocked creditor negotiations threatened to derail the fragile international bailout program. The agreement, ...

Russia Can Weather Oil Price Plunge, says Economy Minister

TODAY: Aug. 28, 2015 PUB DATE: Aug. 27, 2015

By Andrey Ostroukh MOSCOW--Russia's financial system can weather a drop in prices for oil, the country's key export, to $40 a barrel, Economy Minister Alexei Ulyukayev said Thursday. Speaking to reporters, Mr. Ulyukayev said that the economic ministry has envisaged ...

Canada Weekly Earnings Up 1.9% in June from Year Ago

TODAY: Aug. 28, 2015 PUB DATE: Aug. 27, 2015

By Carolyn King Average weekly earnings of Canadian non-farm payroll employees rose 1.9% in June from a year earlier, Statistics Canada said Thursday. Weekly earnings averaged 955 Canadian dollars ($717) in the month, the data agency said. On a month-over-month ...

In Canada, Candidates Choose Between Stimulus and Balanced Budget

TODAY: Aug. 28, 2015 PUB DATE: Aug. 27, 2015

By Paul Vieira OTTAWA--The role of fiscal stimulus in spurring Canada's ailing economy is emerging as a major theme in a national election campaign ahead here, with the ruling Conservative Party sticking to its balanced-budget pledge as its opponents promise ...

Pending Home Sales Index Rises

TODAY: Aug. 28, 2015 PUB DATE: Aug. 27, 2015

By Kate Davidson WASHINGTON--A forward-looking gauge of U.S. home sales edged up slightly in July, but remained well above year-ago levels, a sign of steady momentum in the housing market. The National Association of Realtors said Thursday its pending home ...

Google Responds to European Union Antitrust Charges

TODAY: Aug. 28, 2015 PUB DATE: Aug. 27, 2015

By Sam Schechner And Natalia Drozdiak BRUSSELS-- Google Inc. on Thursday rebuffed the European Union's demand that it change the way it ranks online comparison-shopping services in its search results, setting up a potentially drawn-out legal battle between the search ...

U.S. July Building Permits Revised to -15.5% From -16.3%

TODAY: Aug. 28, 2015 PUB DATE: Aug. 27, 2015

U.S. building permits for July were revised to down 15.5% from June to a seasonally adjusted rate of 1.130 million, the Commerce Department reported Wednesday. July building permits were originally reported as being down 16.3% at a seasonally adjusted rate ...